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- W2285248543 abstract "Confronting two formidable crises, one (the Doha debacle) and the other (the global financial crisis), this Article explores the fundamental question: has the WTO become irrelevant or even passe? After sketching a recidivistic pattern of collapses and resumptions, the Article locates the root cause of the current Doha deadlock in the stark philosophical divergence between developed (North) and developing (South) countries on the nature of the Doha “Development” Round. Development has become a “liability” to the North, while it still remains a goal to the South. Given this situation, the Doha Round may be relegated to inconvenience, irrelevance or incorrectness as far as politicians of both Worlds are concerned. Nonetheless, the current dire situation of the global economy adds fresh exigency in delivering a successful trade round. The focus of the Article's proposal in tackling this structural challenge is long-term. The Article argues that WTO members should shift their main paradigm in establishing trade policies from an external dimension (the WTO itself) to an internal dimension (internal politics). It views that unless WTO Members radically change the way in which they formulate trade policies domestically, from a top-down to a bottom-up approach which fully reflects the general welfare of citizens and the whole economy, the Doha round (and future WTO rounds) will still be at the mercy of contingencies and vicissitudes which special interests provide. Only through a vibrant democratic discourse on the genuine merits of free trade in the domestic arena, which comprises education, social marketing and transparent deliberations, can WTO members break away from the myopia of parochial mercantilism and establish trade policies from a mature standpoint of openness and competition." @default.
- W2285248543 created "2016-06-24" @default.
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- W2285248543 date "2009-01-01" @default.
- W2285248543 modified "2023-09-26" @default.
- W2285248543 title "Is the WTO Passe?: Exploring the Meaning of the Doha Debacle" @default.
- W2285248543 doi "https://doi.org/10.2139/ssrn.1403464" @default.
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